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The state-run airline Sichuan Airlines suspended all cargo flights on six routes to India for 15 days, citing the risk of rising Covid-19 cases in the country.

Oppo, Vivo, Xiaomi explore new options after Sichuan Airlines' India ban

28 April 2021 6:03 PM IST

April 28, 2021: Smartphone brands such as Oppo, Vivo, Xiaomi and several handset contract manufacturers are exploring alternate options of air cargo...

Under the arrangement, TVS SCS will operate 1000 eLCVs through their partners for its logistics operations provided by Switch.

Switch Mobility joins hands with TVS SCS for emission-free logistics

28 April 2021 3:25 PM IST

April 28, 2021: Switch Mobility, the UK-based developer of electrified buses and light commercial vehicles (LCVs) and a subsidiary of Ashok Leyland,...

Gateway Distriparks%u2019 rail container business recorded the highest-ever monthly throughput of 26,426 TEUs in March 2021.

Gateway Distriparks registers strong recovery with Q4 YoY PAT up 299%

27 April 2021 4:49 PM IST

April 27, 2021: The integrated intermodal logistics facilitator Gateway Distriparks today announced its audited financial results for the January to...

The combination of DSV and Agility GIL is expected to increase DSV%u2019s annual revenue by 23%, which will rank the company in the forwarding industry top three with a pro forma revenue of $22 billion.

DSV Panalpina acquires Agility’s Global Integrated Logistics for $4.1 bn

27 April 2021 12:28 PM IST

April 27, 2021: Agility and DSV Panalpina have today signed an agreement for DSV to acquire Agility’s Global Integrated Logistics (GIL) business at an...

Currently most of the demand comes from metro and tier I cities. However, by 2025 this trend is expected to change, as tier II and lesser cities are emerging as new demand centres owing to higher internet penetration.

Indian e-commerce logistics to be worth ₹492 bn by 2025 with 23% CAGR

27 April 2021 10:52 AM IST

April 27, 2021: The report titled Indian E-commerce Logistics Industry Outlook to 202 by Ken Research suggested that the e-commerce logistics industry...

EBITDA increased to %u20B968.47 crore from %u20B964.06 crore mainly due to margin improvements in warehousing i.e., from 38 percent in FY20 to 42 percent in FY21 and PAT increased to %u20B96 lakh from a loss of %u20B9 (1501) lakh during the previous year.

Snowman Logistics records ₹237 cr revenue, ₹68 cr EBITDA for 2020-21

26 April 2021 6:41 PM IST

April 26, 2021: During the quarter ended March 31, 2021, Snowman Logistics recorded revenue of ₹64.11 crore as against ₹60.98 crore for the same...